FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Lundin Mining Corp. (OTCMKTS:LUNMF) – Analysts at Scotiabank boosted their FY2026 earnings estimates for shares of Lundin Mining in a research report issued on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings per share of $1.18 for the year, up from their prior estimate of $1.00. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Lundin Mining’s current full-year earnings is $1.19 per share.

Lundin Mining (OTCMKTS:LUNMF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. Lundin Mining had a net margin of 32.67% and a return on equity of 11.69%.

LUNMF has been the subject of a number of other research reports. TD Securities reissued a “buy” rating on shares of Lundin Mining in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Lundin Mining in a research note on Tuesday, April 21st. Royal Bank Of Canada reissued a “sector perform” rating on shares of Lundin Mining in a report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Lundin Mining in a research report on Friday, May 15th. Finally, Barclays raised Lundin Mining to a “hold” rating in a research note on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Lundin Mining has an average rating of “Hold”.

Lundin Mining Stock Performance

LUNMF opened at $26.68 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.81 and a debt-to-equity ratio of 0.04. The company has a market cap of $22.83 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 1.31 and a beta of 1.20. Lundin Mining has a 52-week low of $9.56 and a 52-week high of $33.29. The firm’s fifty day simple moving average is $28.01 and its two-hundred day simple moving average is $25.50.

Lundin Mining Company Profile

Lundin Mining Corporation is a Canada-based diversified base metals mining company engaged in the acquisition, exploration, development, and operation of mines. The company’s portfolio encompasses copper, nickel, zinc, and lead, with by-products including gold and silver. Through its technical expertise and focus on cost-effective operations, Lundin Mining aims to maximize long-term value while meeting industry standards for safety and environmental stewardship.

Operationally, Lundin Mining holds interests in several producing assets across the Americas and Europe.